Our private member-owned (nonequity) club just jumped initiation from $45,000 to $65,000 paired with an assessment of $18,500 to existing members (reduced for members over age 65, etc.). We lost about 50 of 500 members as a result of the assessment, but had no trouble at all filling those spots from the wait list. Plenty were in line who were willing to go the full Monty. The assessment and initiation kick up were to pay for a new clubhouse and some golf course infrastructure improvements (e.g., irrigation systems). What will be telling is how the dues increases (decreases not expected) go over the coming years, but as someone once said, predictions are hard to make, especially about the future. Dues increases for calendar year 2025 haven't been announced yet.